+0.07(+0.50%)

+0.0026(+0.2280%)

Why Iron Ore Stocks Could Struggle to Hold Ground

As we saw in the previous part of this series, iron ore prices have stood their ground despite growing headwinds for China (FXI). As we discussed in the previous part, one of the factors driving iron ore’s resilience is the stocking up by mills ahead of winter production curbs. As restocking completes and winter cuts kick in, the demand for iron ore from China could take a hit.